Seino Holdings Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months and Year Ending Fiscal Year 2020
August 08, 2019
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Seino Holdings Co., Ltd. Reported consolidated and non-consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, on consolidated basis, the company reported Operating revenue of JPY 153,439 million against JPY 150,755 million a year ago. Operating income was JPY 7,090 million against JPY 7,743 million a year ago. Ordinary income was JPY 7,702 million against JPY 8,497 million a year ago. Net income was JPY 4,558 million against JPY 5,955 million a year ago.
On non-consolidated basis, the company reported Operating revenue of JPY 69,968 million against JPY 69,684 million a year ago. Operating income was JPY 2,729 million against JPY 3,422 million a year ago. Ordinary income was JPY 2,877 million against JPY 3,589 million a year ago. Net income was JPY 1,706 million against JPY 2,594 million a year ago.
The company provided earnings guidance for the six months and year ending fiscal year 2020. For the six months, the company expects operating revenue of JPY 308,000 million, operating income of JPY 15,300, ordinary income of JPY 16,300 million, Net income of JPY 21,000 million.
For the fiscal year 2020, the company expects operating revenue of JPY 630,000 million, operating income of JPY 32,600, ordinary income of JPY 34,600 million, Net income of JPY 31,000 million.
SEINO HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the transportation business, automobile sales business, goods sales business, real estate leasing business and other business. The Company operates in four segments. The Transportation segment is engaged in domestic transportation business centered on freight trucking transportation as well as other businesses include air transportation, rail transportation, water transportation, warehousing business, air transport agency business, property insurance agency business and international transportation. The Automobile Sales segment is engaged in the sales and repair of trucks, passenger cars and auto parts. The Goods Sales segment is engaged in the sales of fuel and paper, etc. The Real Estate Leasing segment is engaged in the leasing of assets such as substitute track terminal vacant sites. Other businesses include information related business, administrative agency business, advertising agency business, etc.
Seino Holdings Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the Six Months and Year Ending Fiscal Year 2020